We need to get the board approval for availing facilities with our bank like net banking, phone banking etc. The banks insist on resolution at board meeting. Can we pass these resolutions without a formal board meeting and just by a resolution by circulation?

HELLO MEMBERS

I WANT TO REGISTER ONLINE FOR FILING INCOME TAX RETURNS, BUT I COULD NOT REGISTER ONLINE, ITS SHOWING ERROR HAS A WRONG NAME.

PLZ LET ME KNW HW TO FIND OUT 1ST NAME, MIDDLE NAME & LAST NAME AS PER PAN APPLICATION

Suppose employer is contributing 20% of salary to Reco EPF.

Thus u/s 7 - 8% will added as deemed taxable salary to employee (Being 12% of Salary is exempt)

Now if this 8% is added in income and it being deposited into Reco EPF, it should qualify for deduction u/s 80C.

But I assume it is not so. Why ?

Customer have organized training for our employee @ the cost of Rs. 25000 & sent the bill for the same.

Whether TDS is to be deducted on training fees ?

dear all,

I need one Board resolution regarding ceased to be Director by death and appointed his wife as director of the Company

can anybody send me a draft of the Board resolution? it is very urgent

does a foreign company not having a permanent establishment here need to deduct tax at source from payment made to a resident for certain preincorporation expenses of indian company liable to tax deduction e.g payment to professionals.

Hello sir,....I am commerce graduate and i want to become a Tax consultant.so please anyone suggest me what course i do now other than CA,CS which give me the authority as a Prctising Tax consultant.
Any short term course for that and if yes then tell me from which university i can pursue this course.

One of our clients is enjoying the working capital limits from the nationalized bank. While renewing the facitlities bank has increased margin from 20% to 25% without giving any reasons. when the customer represented to reduce it to 20% as per the original sanction, the bank refuse to do so. So whether bank can change the terms & conditions of working capital loan without giving an opportunity of being heard to the customer or can bank revise the terms arbitrarily without intimating to the customer.
Pls let us know any guideline if any is there or in such situation what customer should do if he does not want to accept the revised terms.

what is the procedure of calculating tds on salary. what is the minimum limit of salry above which tds is deducted. what is the maximum limit of salary on which tds shall not be duducted.??

I recieve a rent of 1.50 lacs for period
of 3 months during the year.
The property was vacant for balance 9 months
I pay int of 3 lacs on loan agt property
what will be deduction allowed for interest.

can this be loss be off set against salary income.